01745cas a2200253 a 4500 AALejournalIMF000895 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451929553 1018-5941 BD-DhAAL BD-DhAAL Masson, Paul. Macroeconomic Effects of Prelected Population Aging in Industrial Countries / Paul Masson, Ralph Tryon. Washington, D.C. : International Monetary Fund, 1990. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The effects of population aging are examined with the aid of a theoretical model and simulations of MULTIMOD. An older population will consume more of aggregate disposable income, require higher government expenditure, and decrease labor supply. These effects should raise real interest rates and lower the capital stock and output. Effects on current balances will depend on the relative speed and extent of aging. Simulations of projected demographic changes suggest that by 2025, real interest rates would be increased by several percentage points and net foreign assets increased in the United States, and decreased in Japan and Germany, as a result. Mode of access: Internet Tryon, Ralph. IMF Working Papers; Working Paper ; No. 1990/005 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/005/001.1990.issue-005-en.xml IMF e-Library